Ford is teaming up with TXU Energy to offer a first-of-its-kind plan for Ford EV SUV and truck owners in Texas. It's called the TXU Free EV Miles program. Ford says it benefits Ford electric vehicle customers through credits on their TXU Energy bill for electricity used during specified hours, potentially covering the entire cost of all at-home charging.
Here's a look at some of the program details:
Ford F-150 Lightning, Mustang Mach-E, and Escape PHEV customers to benefit from bill credits, regardless of what hardware they use to charge their vehicle at home.
Ford says the program offers Ford EV customers the opportunity to charge their vehicle at home entirely for free, since more than approximately 80 percent of charging takes place at home.
Through the TXU Free EV Miles program, Ford says it aims to educate Texans about the perks of driving electric while incentivizing consumers to charge when demand on the grid is at its lowest. With this foundation, Ford says it and TXU Energy will test customer interest in additional future retail energy offerings that further incentivize customers to support grid stability in the state, which Ford cites as the third largest in EV sales nationwide in 2023.
"Encouraging our electric vehicle customers to charge at off-peak hours through programs like TXU Energy's Free EV Miles helps to save them money while supporting a more sustainable, resilient electrical grid," said Bill Crider, senior director, global charging and energy services, Ford Motor Company. "Ford electric vehicles generally have a lower operating and maintenance cost compared to gas-powered vehicles, and at-home charging and future vehicle-to-grid services offer additional financial perks never before possible, which Ford is committed to leading for our customers."
There are other program perks, too, which include a $100 welcome bonus from Ford and a $250 bonus from TXU Energy for staying enrolled for a year. Once enrolled and verified, customers will receive automatic rebates for at-home charging costs during the off-peak charging hours.
"This partnership with Ford fits squarely into TXU Energy's broader strategy of educating customers on the benefits of owning an EV, removing barriers to making the switch, and increasing grid resiliency," said Sam Sen, vice president of energy transition solutions for TXU Energy. "We are proud to support Ford's Texas EV customers with flexible, free charging hours and the significant cost savings that come with it."
TXU is Texas' leading retail electricity provider and subsidiary of Vistra.
Learn more about the program here.
Photo Credit: Ford & TXU.
